INTRODUCTION OF INDIAN TEXTILE INDUSTRYThe Indian textile industry is among the leading textile industries in the world. In addition to providing basic necessities, its role in the country's economic growth is important. The Indian textile industry contributes around 14 percent to industrial production; 4 percent of the country's gross domestic product (GDP); 17 percent to its export earnings; and constitutes a direct source of employment for more than 35 million people, making it the second largest source of employment after agriculture. Optimal raw materials, healthy foreign direct investment (FDI) and a willing government to invest ensure a bright future for the Indian textile sector. Market Size The industry is expected to reach $220 billion by 2020, according to Alok Industries Ltd. estimates. India has the capacity to improve its share of textiles and clothing in global trade from the current 4.5 percent to 8 percent and reach $80 billion by 2020. Apparel exports of India grew by 19 percent between July 2012 and July 2013. is expected to reach $1.27 billion, due to growing demand in developed economies like the United States, according to data released by Apparel Export Promotion Council (AEPC). India has the advantage of having abundant raw material resources. It is one of the largest cotton yarn producers in the world and there are good fiber resources such as polyester, silk, viscose, etc. The country is also home to a wide range of cotton fibers and has a rapidly developing synthetic fiber industry. The most significant change in the Indian textile industry was the advent of man-made fibers (MMF). India's innovative range of MMF textiles is present in almost every country in the world...... middle of paper ...... problem buyers from developed countries should have some ethical concern, so that they refund the money they paid. harms our ecology. To restore our ecology, developed countries should pay to import appropriate technology and also to restore the historical damage done to the ecology. This type of give-and-take policy will benefit the economy and ecology of both the buyer and seller. To create a better environment and protect the ecosystem from further degradation, developing countries must implement their well-designed policies from the start, cleaning up the past. errors. Developed countries once neglected this industry are now promoting the growth of industries. Ecological concerns and economic developments are not contradictory but complementary with a single common objective: sustainable development without exhaustion of natural resources...